# Lieutenant-Colonel Kwazikwakhe Sibiya of the Hawks Serious Organised Crime in Durban has denied allegations that he was involved in a scheme that led to the disappearance of 541 kilograms of cocaine worth approximately 200-million-rand. The cocaine was seized in June 2021 but vanished from a Hawks storage facility in Port Shepstone. Responding to Madlanga […]
# The South African Police Service has confirmed the suspension of nine senior officers linked to the controversial 360-million-rand Medicare24 tender for Tshwane District. Those suspended include the divisional commissioner for Technology Management Services, Edith Mavundla, and acting deputy national commissioner for Support Services, Lineo Nkhuoa. Police spokesperson Athlenda Mathe says the suspensions are pending […]
# The president of the Goethe University’s Centre for Financial Studies, Axel Weber, has warned that rising global economic imbalances are fueling trade tensions, financial instability and protectionist policies. Speaking at the Tito Mboweni memorial lecture, Weber said emerging economies are often the first victims when global liquidity tightens and geopolitical tensions disrupt trade and […]
# Eskom has welcomed the signing of a gas supply agreement with Zululand Energy Terminal, describing it as a major step towards large-scale gas-fired power generation. Board chairperson Mteto Nyati says the deal reflects Eskom’s renewed focus on powering South Africa’s growth sustainably. He says gas and renewable energy will work together to improve grid […]
# Former Deutsche Bundesbank president Axel Weber, who is now at Guthe University in Frankfurt, has hailed late South African Reserve Bank governor Tito Mboweni as a patriot and economist. Speaking at the inaugural Tito Mboweni memorial lecture, Weber praised Mboweni’s role in shaping labour reforms, strengthening the central bank and promoting economic policy. He […]
# The South African Reserve Bank has hosted the inaugural Tito Mboweni memorial lecture, paying tribute to the bank’s late former governor, and Finance and Labour minister. Governor Lesetja Kganyago described Mboweni as a giant of economic policy and a champion of accountable public institutions. He says the annual event will celebrate Mboweni’s legacy as […]
# Mineral and Petroleum Resources minister Gwede Mantashe says the rollout of South Africa’s new online mining licensing system is progressing steadily, with applications now being processed digitally in the Western Cape. Parliament heard that lessons from the province will help speed up implementation nationwide. Mantashe also confirmed that the Mineral Resources Development Bill is […]
# The Citrus Growers’ Association of Southern Africa has warned that severe flooding in key citrus-producing regions will reduce export volumes by at least five-percent. The worst-affected areas include Patensie in the Eastern Cape, and Citrusdal and Boland in the Western Cape. The association says damage assessments are ongoing, with some growers still unable to […]
# KwaZulu-Natal Hawks Unit Commander Gavin Jacob has told the Madlanga Commission he accepted an instruction to store a large drug seizure at the Port Shepstone Hawks offices because he believed the facility was secure. Responding to evidence leader Mahlape Sello, Jacob said brigadier Msizi Nyuswa described the storage area as a strong room, which […]
